Policing the ‘Dark Side’ of Internet of Things
The futuristic world of self-driving cars, eyeglasses that e-mail and trash cans that call for pickup is running into the old-fashioned pace of doing business in Washington. Companies from Google Inc....
View ArticleIBM’s ‘Internet of Things’ Unit to Offer Insurers Online Data Service, Analysis
IBM is investing $3 billion to build an “Internet of Things” division aimed at harnessing the massive trove of data collected by smartphones, tablets, connected vehicles and appliances and using it to...
View ArticleInsurers Tracking Fitness: Too Accurate for Comfort?
Someday soon, Big Brother may be watching you. Only his name will be “John Hancock.” The insurer is rolling out a program in the U.S. similar to ones already deployed in other parts of the world, where...
View ArticleSwiss Re Identifies Top Emerging Risks
De-globalization and political conflict, large natural catastrophes, financial repression and the challenge posed by the “Internet of Things” are some of the risks identified in this year’s “New...
View ArticleFiat Chrysler Recall Highlights Cyber Risks of Connected Cars, Telematics
Fiat Chrysler will recall 1.4 million vehicles in the United States to install software to prevent hackers from gaining remote control of the engine, steering and other systems in what federal...
View ArticleIBM to Buy Weather Co.’s Business, Web Properties to Expand Watson
IBM said today it has agreed to acquire The Weather Co.’s business-to-business mobile and cloud-based web properties, including WSI, weather.com, Weather Underground and The Weather Co. brand. IBM will...
View ArticleAgent, Cyber-Educate Yourself — and Your Clients
A recent report showing that cyber insurance premiums will grow globally from $2 billion annually to more than $20 billion over the next 10 years reinforces what most in the insurance industry already...
View ArticleApp to Alert Drivers About Emergency Vehicles Being Tested in Michigan
Cory Hohs’ idea was inspired by a close call with a Chicago fire truck on his motorcycle, but his new app, which warns drivers to the presence of emergency vehicle traffic, is being tested first in...
View ArticleVTech Data Breach Highlights Risk in Connected Toys, Internet of Things
U.S. states said they will investigate a massive breach at digital toy maker VTech Holdings Ltd as security experts warned that hackers are likely to target similar companies that handle customer data....
View ArticleAIG Bets on Workplace Safety Wearables with Investment in Startup HCS
Giant insurer American International Group Inc. is betting on new technology, artificial intelligence and connectivity to give companies more control over workers in risky jobs and make workplaces...
View ArticleIsrael Emerges as Leader in Developing Cyber Defenses for Cars
Building on its expertise in technology, Israel is emerging as a leader in the race to keep cars secure and prevent the nightmare scenario of a hacker commandeering your vehicle. Most cars today are...
View Article‘Smart’ Appliances, Ventilation Systems Are New Hacker Targets: Cyber Experts
Hijacking “smart” toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to...
View ArticleIsraeli Cyber Security Business Foundry, Team8, on Track to Build 5 Firms by...
Team8, a cyber security business foundry created by veterans of the Israeli army’s technology and intelligence unit 8200, said it closed a $23 million round of financing. Team8 plans to use the money...
View ArticleMore Than 40% of Insurers See Google as Potential Threat: Capgemini Report
More than 40 percent of insurers see Google as a potential threat because of its strong brand and ability to use customer data, a report released on Tuesday said. And young, mobile phone-friendly...
View ArticleTech Firms Warn of Growing Cyber Risks: From Medical Devices to Sex Toys
It’s not just computers and mobile phones that are vulnerable to cyber attack, according to software firm Trend Micro. As more devices are hooked up to the internet, it could be anything from medical...
View ArticleGlobal Insurance Fintech Investment Grew by 237% in 2015: Accenture Research
While insurance historically has been a laggard in the fintech race, it is increasingly a high-growth investment area in the fintech field, according to research from Accenture. Accenture’s fintech...
View ArticleZurich Offers Post Cyber Attack Response Service in APAC
Zurich Insurance has launched DigitalResolve, a coordinated incident response service to help businesses in Asia Pacific (APAC) mitigate and recover from cyber attacks. Offered through Zurich’s partner...
View ArticleChurch Mutual to Offer Weather Monitoring Technology for Places of Worship
Church Mutual Insurance Co. has partnered with The Hartford Steam Boiler (HSB) Inspection and Insurance Company, part of Munich Re, to provide eligible customers temperature and water sensors connected...
View ArticleCyber Market Hampered by Insurability Challenges: Geneva Assoc. Report
While insurance against cyber risk represents a tremendous new business for the insurance industry, numerous problems with the insurability currently impede the development of the market,” according to...
View ArticlePolicing the ‘Dark Side’ of Internet of Things
The futuristic world of self-driving cars, eyeglasses that e-mail and trash cans that call for pickup is running into the old-fashioned pace of doing business in Washington. Companies from Google Inc....
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